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Pennsylvania State Gambling Board to auction mini-casino license

6 county municipalities of Franklin have opened their doors for the establishment of mini-casinos  Pennsylvania lawmakers approved a gambling expansion bill in 2017 which gave a new twist to PA gambling Pennsylvania State Gaming Board on Tuesday would be holding its third auction on Tuesday Ten such auctions are scheduled to take place after..
8 years ago

Lloyds bans crypto currency purchase using credit cards

Britain's biggest bank Lloyds has decided to prohibit its customers from using credit cards to invest in Bitcoin Lloyds will tell its nine million customers from using credit cards to buy the digital currency as its value has plummeted by more than half in just two months The price of Bitcoins which was 14,000 in December fell to a record low in..
8 years ago

US government imposes sanctions on Kings Roman Casino

US has imposed an embargo on an Australian man who was working for a wild casino nicknamed Sin City in Laos The Kings Roman Casinos operates in Laos offers gambling, prostitution etc Reportedly, US Treasury and Drug Enforcement Agency have been hit with sanctions and Australian citizen Abbas Eberahim who used to provide security services for the..
8 years ago

Legalizing sports wagering would boost economy: West Virginia lawmaker

Legalization of sport wagering  has been talk of the town lately With the decision awaiting review in Supreme Court, many states are mulling to legalize sports betting as it would give a boost to revenues of the state West Virginia has also showed its support for the move According to FBI, approximately $25 billion dollars is illegally..
8 years ago

Samsung to manufacture chips for crypto-currency mining hardware

Korean electronics giant Samsung has decided to enter the Bitcoin mining hardware market It has signed a contract with a Chinese Bitcoin mining hardware maker to supply it with chips and has already started mass production in January The company which is known for their smartphones and similar consumer technology products, it is now developing..
8 years ago

Facebook bans all crypto-currency advertisements

Facebook has announced a ban on all ads promoting cryptocurrencies including bitcoins and ICOs It is said to be an 'intentionally broad' policy which aims to stop scammers This effort prevents people from advertising 'financial products and services frequently associated with misleading or deceptive promotional practices' This implies that no..
8 years ago

State Kansas proposes legislation to legalize sport betting

The state of Kansas has hopped aboard legal sports betting legislation bandwagon and has introduced a bill that would legalize sports betting Treading the path of congresses in Massachusetts, Mississippi and New York who have voiced their opinions on the consequences of the repeal of the Professional and Amateur Sports Participation Act (PASPA)..
8 years ago

New Casino openings to add thousands of jobs

Thousands of people lost their jobs when five casinos closed in 2014 leaving the economy of Atlantic city devastated Since then, casinos closing have eliminated 11,000 jobs but the picture is about to change On Tuesday, shuttered former Trump Taj Mahal casino began inviting applicants This year it plans to open its revamped Hard Rock casino..
8 years ago

Isaac Haxton to be the new ambassador of Partypoker

Partypoker continues to expand its high profile ambassador team with Issac Haxton making him the latest addition Haxton was a sponsored player of PokerStars for many years, but he parted ways with the online poker site in 2016 after having issues with changes in the VIP rewards program Haxton said that he is genuinely proud to join Partypoker..
8 years ago

Coincheck promises to return 90 percent money stolen in crypto theft

One of the world’s largest digital currency exchanges, Coincheck has assured it would refund most of the $534m worth of virtual assets lost in a hacking attack Japan’s financial regulators said it would inspect the crypto currency exchanges and has ordered Coincheck to act over the heist The Tokyo-based company suspended trading after..
8 years ago

English Premier League club, Arsenal to promote cryptocurrency

London's Arsenal Football Club, an English Premier League club,  has stepped into the precarious market of cryptocurrency by lending its name to promote a new digital token sold by California based CashBet CashBet announced on Wednesday the Premier League club has agreed to become its 'exclusive and official Blockchain partner' "This..
8 years ago

Verizon eyes sports gambling industry

The observers of the gambling industry in the United States are eyeing the US Supreme Court verdict which could legalize the sports betting This move is said to change the landscape of sports betting Realizing this potential, Verizon Communications is planning to enter the multibillion-dollar market of sports betting The New York-based phone..
8 years ago

Mississippi Casinos revenue tumbled in 2017: Reports

State Revenue Department released its report this week which showed the statewide income from the casinos fell 2 percent for the year to $208 billion When Hurricane Katrina devastated the Mississippi' Gulf Coast casino, the revenues of the state suffered quite a lot The casinos that got destroyed in the storm poured $500,000 tax revenues into the..
8 years ago

Cambodians eager to invest in the cryptomarket

Despite distrust from National Bank, cryptocurrency culture is pushing ahead in  Cambodia Securities and Exchange Commission of Cambodia (SECC) had warned the public to avoid trading and exchange in cryptocurrency “[We] would like to appeal to the public to be highly cautious in involving with the trading of any cryptocurrencies that..
8 years ago

Kevin Hart’s accidental win of $40K awes everyone

Bets PokerStars Championship took a weird turn last week when  Kevin Hart won $40,000 on a confusing hand and took the pot to King High Actor and Comedian, Kevin Hart was a featured celebrity guest on PokerStars who got into some beef with Mila Munroe for an online qualifier Mila and Hart were trying to prove their mettle cordially, but Mila's..
8 years ago

South Koreans unintimidated by threats of ban

The tale of the crypto has remained in the eye of storm lately The risks of a potential ban on exchange and trade of cryptocurrency might have spooked away potential investors, but the veterans of coin market are unfazed by threats of the ban When the bitcoin value soared high in 2017, South Korea had all the valid reasons to feel elated as they..
8 years ago

Grizzly Games break records with Smashed guarantees

Global Poker, the only entirely legal online poker site to offer cash prizes throughout the US has already broken records with smashed guarantees with its 'Grizzly Games'  Grizzly Games is the second leg of the Global Poker Championships, it has gone huge with an exciting start to their series as it has already guaranteed more than SC $15..
8 years ago

Macau growth to benefit Las Vegas casino operators growth: Morgan Stanley

Morgan Stanley, a leading global financial services firm has predicted that Macau's gaming revenue would continue to surge Macau gross gaming revenue growth would continue to rise as more Chinese throng to the Peninsula This would significantly profit Las Vegas casino operators like Wynn Resorts, and Las Vegas Stands as their stocks are expected..
8 years ago

Macau police arrest casino dealer over $47 million casino heist

The Macau police have arrested a casino dealer and guard who allegedly stole more than $47 million Hong Kong dollars worth chips The authorities in the Chinese controlled territory said their hunt for a dealer accused of stealing casino chips from Wynn Macau was finally over The heist happened early Tuesday morning and the police arrested two men..
8 years ago

Rhole Island Govt. mulling to legalize sports betting

Governor of Rhode Island, Gina Raimondo unveiled her $94-billion state budget plan for the year 2018-19 on Thursday, stating her intentions of legalizing sports gambling in Rhode Island and add up to a dozen new medical marijuana dispensaries to help plug the hole in her budget  She delivered hundreds of pages of documents to the General..
8 years ago